Dassault Systemes (OTCMKTS:DASTY) Shares Gap Down – Should You Sell?

Dassault Systemes SA (OTCMKTS:DASTY)’s stock price gapped down prior to trading on Wednesday. The stock had previously closed at $23.82, but opened at $22.99. Dassault Systemes shares last traded at $23.09, with a volume of 2,225 shares trading hands.

Analysts Set New Price Targets

Several equities research analysts have issued reports on DASTY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Dassault Systemes in a report on Tuesday, September 1st. Jefferies Financial Group upgraded Dassault Systemes to a “moderate sell” rating in a research report on Friday, September 25th. Citigroup reiterated a “neutral” rating on shares of Dassault Systemes in a research report on Monday, July 27th. Finally, Zacks Research raised shares of Dassault Systemes from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Dassault Systemes Stock Down 1.0%

The company has a debt-to-equity ratio of 0.23, a current ratio of 1.99 and a quick ratio of 1.99. The stock has a market capitalization of $31.06 billion, a P/E ratio of 20.49, a P/E/G ratio of 4.49 and a beta of 0.98. The firm has a 50-day simple moving average of $24.49 and a 200 day simple moving average of $22.47.

About Dassault Systemes

Dassault Systèmes SE is a French software company that develops three-dimensional design, engineering, simulation, manufacturing, and product-lifecycle-management solutions. Its technologies help organizations design products, model production processes, test virtual prototypes, and manage data throughout a product’s life cycle.

The company’s portfolio includes the 3DEXPERIENCE platform and applications such as CATIA for computer-aided design and engineering, SOLIDWORKS for 3D design, ENOVIA for product lifecycle management, DELMIA for manufacturing and operations, SIMULIA for simulation, and BIOVIA and MEDIDATA for scientific research and life sciences.